Exchange Rates

Best rates online: the more you buy, the better the rate you'll receive

Why do exchange rates change?

Tourist exchange rates change when the demand for a currency goes up or down. Demand could change for many reasons, such as increased business activity or rising interest rates in a country.

The current economic climate has seen exchange rates to the pound take a sharp turn for the worse in recent years. With the weaker pound, you might find your pounds don't buy as much foreign currency as they used to.

How can I ensure I’m getting the best value for my money?

Avoid currency exchange counters at airports, stations and hotels. Although they’re convenient, they offer the worst rates. There's a good chance you may also have to pay commission.

Order your currency online in advance to ensure you’re getting a favourable rate. In many cases, you won't need to pay commission – like when you order foreign currency online from us.

In general, online rates are all competitive, and the difference between rates is often just a fraction of a pound. Even if you're exchanging £500, the difference could be as little as 50p.

However, keep in mind that guarantees of the best rate don’t always equal the best value. Make sure to look at the complete service on offer, like the options for branch pickup, home delivery or offers to buy back your unused currency. Our foreign exchange service offers all this and more.